Showing 1 - 10 of 1,306
In this paper we use Colombian manufacturing data on exports and external financing for the period 1998 - 2006 to estimate the credit elasticity of exports. We use bank-firm linked data to construct a supply side instrument for a manufacturer's demand of credit, which we use to address the...
Persistent link: https://www.econbiz.de/10011286248
How do financial frictions in currency markets affect firm-level exports? We bring new answer to this question by looking at a recent episode in the summer of 2011 when the cost of US dollar funding increased markedly for European banks and their clients. Our analysis relies on a unique dataset...
Persistent link: https://www.econbiz.de/10012925714
Financial market inadequacies often constrain overseas trade flows because exporters largely rely on access to external credit to survive. This article examines the influence of external credit (bank finance; and suppliers and customer credit) on exports size of manufacturing firms in Nigeria...
Persistent link: https://www.econbiz.de/10012652923
In this paper, we show that exporters react more strongly to a cut in tariffs by a distant countrywhen their banks have already been specializing in funding exports to this country. To make ourcase, we build upon a theoretical model where an informational advantage provided by theexporter's bank...
Persistent link: https://www.econbiz.de/10013226361
Using firm-level destination country-specific export data and bank branch data from China, we find that foreign banks can significantly promote firms’ export toward the destination country where the banks are originated from. Our findings are robust after addressing different types of...
Persistent link: https://www.econbiz.de/10013211820
In this paper we use manufacturing data on Colombian exports and bank financing to estimate the credit elasticity of exports. The data allows us to construct a supply side instrumental variable for the credit of manufacturers that we use to address a possible reverse causality problem. We find...
Persistent link: https://www.econbiz.de/10011741767
This paper analyzes the role of bank credit in firms' export performance. We use Italian bank-firm matched data and contribute to the existing literature by focusing on the link between bank-credit and exports in 'normal times' (1997-2008) and measuring access to credit with hard data on the...
Persistent link: https://www.econbiz.de/10012980514
The lack of information is a relevant obstacle to the export activity of small and medium enterprises. This paper analyzes whether banks can support firms’ export by reducing informational asymmetries about foreign markets. We exploit a large sample of Italian firms for which we merge custom...
Persistent link: https://www.econbiz.de/10014081259
The lack of information is a relevant obstacle to the export activity of small and medium enterprises. This paper analyzes whether banks can support firms’ export by reducing informational asymmetries about foreign markets. We exploit a large sample of Italian firms for which we merge custom...
Persistent link: https://www.econbiz.de/10013403718
The lack of information is a relevant obstacle to the export activity of small and medium enterprises. This paper analyzes whether banks can support firms' export by reducing informational asymmetries about foreign markets. We exploit a large sample of Italian firms for which we merge custom...
Persistent link: https://www.econbiz.de/10013332105